🔥 ETHUSDT (4H) Analysis - Support, Resistance & Profit Opportunities
Based on the ETHUSDT (4H) chart, here are key support and resistance zones that can guide your trading decisions.
⸻
📌 1. Key Support & Resistance Levels
Price Level (USDT) Role Significance
2,858.82 Strong Resistance Sell target if price tests this level
2,732.76 Fibonacci 0.886 Resistance Potential retracement point
2,622.17 Fibonacci 0.786 Resistance Key level for bullish continuation
2,436.40 Fibonacci 0.618 Resistance If broken, potential bullish trend shift
2,305.91 First Resistance Breaking above could lead to further gains
2,125.10 First Support Key level for buyers to step in
1,928.14 Current Price Attempting recovery
1,861.48 Secondary Support Important level for a rebound
1,753.00 Strong Support If broken, potential further downside
1,492.03 Stop Loss Level Below this, long-term downtrend risk increases
⸻
📊 2. Trading Strategies
💰 ✅ Long (Buy) Strategy
• Wait for a retest at the support zone 1,861 - 1,753 USDT
• Set a Stop Loss below 1,700 USDT
• Target Take Profit (TP) levels at 2,125 - 2,305 - 2,436 USDT
🔥 Aggressive Entry:
• If the price breaks above 2,305 USDT with strong volume, consider a Follow Buy targeting 2,436 - 2,622 USDT
⸻
📉 ❌ Short (Sell) Strategy
• If price rejects at 2,305 - 2,436 USDT with bearish signals (Bearish Engulfing / Shooting Star)
• Set a Stop Loss above 2,450 USDT
• Target TP levels at 2,125 - 1,928 - 1,861 USDT
⚠️ If price breaks below 1,753 USDT, it may drop further to 1,500 USDT
⸻
🔎 3. Key Signals to Watch
✅ If price breaks 2,305 USDT with high volume, bullish continuation is likely.
❌ If price gets rejected at 2,305 - 2,436 USDT, a pullback may occur.
⚠️ If price breaks below 1,753 USDT, strong selling pressure could follow.
⸻
💡 Summary
• ETH is recovering from 1,928 USDT support
• Breaking 2,305 USDT could lead to 2,436 - 2,622 USDT
• Failure to break could result in a retest of 1,861 - 1,753 USDT
Based on the ETHUSDT (4H) chart, here are key support and resistance zones that can guide your trading decisions.
⸻
📌 1. Key Support & Resistance Levels
Price Level (USDT) Role Significance
2,858.82 Strong Resistance Sell target if price tests this level
2,732.76 Fibonacci 0.886 Resistance Potential retracement point
2,622.17 Fibonacci 0.786 Resistance Key level for bullish continuation
2,436.40 Fibonacci 0.618 Resistance If broken, potential bullish trend shift
2,305.91 First Resistance Breaking above could lead to further gains
2,125.10 First Support Key level for buyers to step in
1,928.14 Current Price Attempting recovery
1,861.48 Secondary Support Important level for a rebound
1,753.00 Strong Support If broken, potential further downside
1,492.03 Stop Loss Level Below this, long-term downtrend risk increases
⸻
📊 2. Trading Strategies
💰 ✅ Long (Buy) Strategy
• Wait for a retest at the support zone 1,861 - 1,753 USDT
• Set a Stop Loss below 1,700 USDT
• Target Take Profit (TP) levels at 2,125 - 2,305 - 2,436 USDT
🔥 Aggressive Entry:
• If the price breaks above 2,305 USDT with strong volume, consider a Follow Buy targeting 2,436 - 2,622 USDT
⸻
📉 ❌ Short (Sell) Strategy
• If price rejects at 2,305 - 2,436 USDT with bearish signals (Bearish Engulfing / Shooting Star)
• Set a Stop Loss above 2,450 USDT
• Target TP levels at 2,125 - 1,928 - 1,861 USDT
⚠️ If price breaks below 1,753 USDT, it may drop further to 1,500 USDT
⸻
🔎 3. Key Signals to Watch
✅ If price breaks 2,305 USDT with high volume, bullish continuation is likely.
❌ If price gets rejected at 2,305 - 2,436 USDT, a pullback may occur.
⚠️ If price breaks below 1,753 USDT, strong selling pressure could follow.
⸻
💡 Summary
• ETH is recovering from 1,928 USDT support
• Breaking 2,305 USDT could lead to 2,436 - 2,622 USDT
• Failure to break could result in a retest of 1,861 - 1,753 USDT
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.